Kyrgyz Republic - Public Expenditure Review : Fiscal Policies for Growth and Poverty Reduction, Volume 1. Main Report
The Kyrgyz Republic suffered severe
shocks during the early years of independence, loosing its
traditional markets in the Former Soviet Union republics, as
well as substantial transfers and subsidies from the Soviet
Union, that included a falling GDP during the first five
years of transition. These circumstances prompted the Kyrgyz
Republic to adopt a wide range of reforms to accelerate the
transition to a market economy, emphasizing price and trade
liberalization, and the shift of ownership of state assets
to the private sector, including land, and most state-owned
enterprises (SOEs). Since the mid-l990s, the economy has
shown steady signs of recovery. Despite these favorable
developments, the Kyrgyz Republic remains the second poorest
of the FSU republics, and one of the poorest countries in
the world. Absolute poverty affected about half of the
population in spite of progress made in 2001, and, although
poverty is highest in rural areas, there are large regional
disparities, where transient poverty is high as a result of
high consumption volatility. Access to public services such
as water and sewerage, electricity, district heating, and
telecommunication services, is very low. This Public
Expenditure Review (PER) has sought to provide a strategic
framework for fiscal adjustment and public expenditure
reform, consistent with the government's objectives for
accelerated growth and poverty reduction. The broad contours
o f the strategy are: To stabilize the government's
finances through stronger revenue, and expenditure
management instruments and institutions, as well as through
debt relief; to re-align sector policies with the most
essential country priorities, with a general thrust toward
improving targeted, and efficient use of resources in both
social and public infrastructure sectors; to revamp the
public administration to improve policy implementation and
service delivery; and, to secure external financial support.
Given the fragile external debt situation and the extent of
poverty, priority has to be given to fiscal adjustment and
the expenditure reform agenda. Government performance needs
to be monitored, particularly at the grass roots levels,
through systematic diagnoses of institutional problems, and
through quantitative performance indicators, to monitor
progress and competition in public service delivery.
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Bibliographic Details
Main Author: |
World Bank |
Language: | English en_US |
Published: |
Washington, DC
2004-03-22
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Subjects: | ADB,
AUDITING,
BORROWING,
BUDGET DEFICIT,
BUDGET EXPENDITURES,
CDF,
CIVIL SERVICE,
COAL,
CONSENSUS,
CONSOLIDATION,
CORRUPTION,
CPI,
DEBT,
DEBT RELIEF,
DEBT SERVICE,
DISTORTED INCENTIVES,
ECONOMIC DEVELOPMENT,
ELECTRICITY,
EMPLOYMENT,
FINANCIAL ACCOUNTABILITY,
FINANCIAL CONTROL,
FINANCIAL CRISIS,
FINANCIAL PERFORMANCE,
FINANCIAL SUSTAINABILITY,
FISCAL,
FISCAL BALANCE,
FISCAL DEFICIT,
FISCAL DEFICITS,
FISCAL MANAGEMENT,
FISCAL POLICIES,
FISHING,
GOVERNMENT AUTHORITIES,
GOVERNMENT REVENUES,
GOVERNMENTAL ORGANIZATION,
GROSS DOMESTIC PRODUCT,
IMPORTS,
INCOME,
INFLATION,
INSTITUTIONAL CONSTRAINTS,
INSTITUTIONAL REFORM,
INSURANCE,
INTERGOVERNMENTAL FINANCE,
INVESTMENT CLIMATE,
LEGISLATION,
LEVELS OF GOVERNMENT,
MINISTRY OF FINANCE,
NATIONS,
PENSIONS,
PRESENT VALUE,
PRICE SUBSIDIES,
PRIVATE SECTOR,
PUBLIC ADMINISTRATION,
PUBLIC DEBT,
PUBLIC EXPENDITURE,
PUBLIC EXPENDITURE MANAGEMENT,
PUBLIC EXPENDITURE REVIEW,
PUBLIC EXPENDITURES,
PUBLIC FINANCE,
PUBLIC FUNDING,
PUBLIC INFRASTRUCTURE,
PUBLIC INVESTMENT,
PUBLIC INVESTMENTS,
PUBLIC POLICY,
PUBLIC RESOURCES,
PUBLIC SECTOR,
PUBLIC SECTOR DEFICIT,
PUBLIC SERVICE,
PUBLIC SERVICES,
PUBLIC SPENDING,
PUBLIC TRANSPORT,
PURCHASING POWER,
REFORM PROGRAMS,
RENT-SEEKING BEHAVIOR,
REPUBLICS,
REVENUE ADMINISTRATION,
REVENUE COLLECTION,
REVENUE PERFORMANCE,
SAFETY NETS,
SAVINGS,
SOCIAL EXPENDITURE,
SOCIAL INSURANCE,
SOCIAL PROTECTION,
SOCIAL SECURITY,
SOCIAL SUBSIDIES,
STATE ASSETS,
STATE BANKS,
STATE BUDGET,
STATE PROPERTY,
STATE-OWNED ENTERPRISES,
STRUCTURAL ADJUSTMENT,
TAX,
TAX COLLECTION,
TAX EXEMPTIONS,
TAX RATES,
TAX REVENUE,
TAXATION,
TAXPAYER COMPLIANCE,
TECHNICAL ASSISTANCE,
TELECOMMUNICATIONS,
TRANSPARENCY,
WAGES PUBLIC EXPENDITURES; PUBLIC EXPENDITURES & THE POOR; FISCAL POLICY; FISCAL REFORMS; EXTERNAL DEBT; REFORM POLICY; PUBLIC ADMINISTRATION; POVERTY INCIDENCE; ABSOLUTE POVERTY; FISCAL ADJUSTMENTS; SERVICE DELIVERY; POLICY IMPLEMENTATION; PERFORMANCE INDICATORS; MONITORING CRITERIA; INSTITUTIONAL FRAMEWORK; QUANTITATIVE DATA; COMPETITIVENESS; POVERTY REDUCTION; PUBLIC EXPENDITURE MANAGEMENT; SECTORAL ALLOCATION; SOCIAL SECTOR INVESTMENT; EXTERNAL FINANCE; EXTERNAL GRANTS;, |
Online Access: | http://documents.worldbank.org/curated/en/2004/03/3060436/kyrgyz-republic-public-expenditure-review-fiscal-policies-growth-poverty-reduction-vol-1-2-main-report
https://hdl.handle.net/10986/15540
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